16 results

• Similac Lawsuits, Enfamil Lawsuits Weigh on Formula Makers’ Stock Price Due to Mounting Liability for NEC Injuries

  March 18, 2024

  Irvin Jackson

  Stock prices for Abbott Laboratories and Reckitt Benckiser, parent company of Mead Johnson, both fell following a $60 million verdict in the first infant formula NEC lawsuit to go to trial.

• Inpatient Hospital Complications Increase After Private Equity Firms Take Over: Study

  January 5, 2024

  Katherine McDaniel

  Patients face a higher risk of complications such as falls and bloodstream infections at hospitals owned by private equity firms, according to a new study.

• FTX Payments for Controversial Celebrity Sponsorships May Be Recovered Through Bankruptcy Process

  September 15, 2023

  Irvin Jackson

  Financial advisors handling the FTX bankruptcy are asking a federal court if they can recover millions spent on celebrity endorsements to help pay off debtors during its bankruptcy.

• Lawsuits Over FTX Scandal Centralized in Florida Federal Court for Pretrial Proceedings

  June 7, 2023

  Irvin Jackson

  The U.S. JPML has consolidated all investor lawsuits over the FTX scandal before one federal judge for coordinated pretrial proceedings.

• FTX Lawsuits Target Celebrity Endorsers, Venture Capitalists To Recoup Investor Losses

  June 2, 2023

  Irvin Jackson

  Investors have filed FTX lawsuits against financial backers and celebrity endorsers of the failed cryptocurrency exchange, saying they promoted the platform without doing their due diligence to ensure it was a legitimate company.

• Centralization of FTX Cryptocurrency Exchange Lawsuits To Be Considered by JPML on May 25

  May 5, 2023

  Irvin Jackson

  The U.S. JPML will hear oral arguments next month over whether all FTX cryptocurrency exchange class action lawsuits should be consolidated for pretrial proceedings.

• MDL Sought for Cryptocurrency Lawsuits Over FTX Collapse

  March 10, 2023

  Russell Maas

  Plaintiffs who have filed FTX cryptocurrency exchange collapse lawsuits are calling for claims to be consolidated before one federal judge for pretrial proceedings.

• Major Investors Want Bayer CEO Ousted Over Monsanto Purchase, Roundup Litigation Costs

  March 29, 2022

  Irvin Jackson

  Bayer faces a revolt by two major investment firms which want the CEO ousted due to financial losses caused by the purchase of Monsanto and the costs of Roundup litigation.

• J&J Investors Call For Global Talcum Powder Recall In Face of Ovarian Cancer and Asbestos Concerns

  February 8, 2022

  Irvin Jackson

  An activist investor group is calling for a shareholder vote to force Johnson & Johnson to issue a global talcum powder recall.

• Altria Faces Investor Class Action Lawsuit Over JUUL Problems

  December 4, 2019

  Irvin Jackson

  A class action investor lawsuit filed against Altria claims the tobacco company misled investors about its interest in JUUL and the company's potential, resulting in significant financial losses.